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Multifamily · Milford · NEW

21 Franklin St.

Milford, MA 01757

$1,099,990

10 bedrooms6 bathrooms4,522 square feet73567324 MLS number

The residence

Property overview

INVESTORS TAKE NOTICE! Rare opportunity to own a 5-unit multifamily property in Milford generating approximately $9,200 per month / $110,400 annually in gross rental income. Current rents are below market, offering potential for increased rental income and additional upside for the next owner. This income-producing property features an expansive off-street parking area located behind the building with space for approximately 15+ vehicles, along with lead compliance/certification documentation. Situated on a generous lot with potential for additional development or an ADU. Conveniently located near downtown Milford, shopping, restaurants, and major routes. An excellent opportunity for investors seeking an established multifamily property with strong current income, below-market rents, separate utilities and future growth potential. (buyer to due diligence).

Taxes 2026
$11,789
Parking
12 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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